What Is Ifrs?

1.	What Is Ifrs?
Answer» INTERNATIONAL FINANCIAL Reporting Standards (IFRS) are a set of ACCOUNTING standards developed by the International Accounting Standards Board (IASB) that is becoming the GLOBAL standard for the PREPARATION of public company financial statements. International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.

Answer»

INTERNATIONAL FINANCIAL Reporting Standards (IFRS) are a set of ACCOUNTING standards developed by the International Accounting Standards Board (IASB) that is becoming the GLOBAL standard for the PREPARATION of public company financial statements.

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.

Discussion

No Comment Found

Related InterviewSolutions

Who Are The Key Players In The United States Regarding The Development And Adoption Of Ifrs?
What Is The Difference Between Convergence And Adoption?
What Could Be The Disadvantages Of Converting To Ifrs?
What Might Make Some Private Companies In The United States Adopt Ifrs?
What Actions Are Being Taken That Could Allow Private Companies To Follow Ifrs?
What Other Areas Of The Profession Will Ifrs Affect?
Is The Possible Conversion To Ifrs From U.s. Gaap Solely A Financial Reporting Issue?
What Are Examples Of Specific Differences Between Ifrs And U.s. Gaap?
When Comparing Ifrs And Gaap, What Are Some Overall Key Differences I Should Be Aware Of?
Have Any Major U.s. Companies Begun Transitioning To Ifrs?

What Is Ifrs?

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment